contrarian calls are called 'contra' in short
are contra calls dangerous?
are they that bad?
well, that depends upon
what kind of contra they are?
if they are contra to the trend
they may be dangerous
because picking the turning point of the trend
is easier only for the operators
but if the contra calls are contra to the street sentiment
they can be very good indeed!
street sentiments
are often driven by
greed and fear
expectations and prayers.
and hence erroneous.
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